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CCH Software User Documentation



The Asset screen shows details of the asset.


The Asset screen details apply to all years, not just the Accounting Period that is currently selected in CCH Accounts Production. This fact imposes some restrictions on what changes can be made. Changes cannot be made if they affect an earlier period that has been finalised. Also if they affect an earlier period that has not been finalised, then you are asked whether you are sure when the changes come to be saved.

  • Asset Code This code is generated automatically if this is selected on the Periods screen. But it can always be overridden on this screen.
  • Asset Name The name of the asset.
  • Asset class The Asset Class the asset belongs to. This can be changed, but not if it affects a finalised period.
  • Depreciation Start Date The date the depreciation calculation starts from. It is usually left blank. If so, the depreciation calculation starts from the date of the first addition or, if the option is set to Calculate a Full Period's Depreciation in the Period of Acquisition on the Periods screen, it starts from the year start date. If depreciation should start from a different date then the Depreciation Start Date can be specified. The Depreciation Start Date cannot be before the date of the first addition. It is sometimes useful when a piece of plant and machinery is being bought and assembled in stages and is only brought into use at the end of this process.
  • Date Acquired and Disposed These fields are set by the system from the Asset Movements for Cost B/Fwd, Additions and Disposals.
  • Original Depreciation Method The Original Depreciation Method is used unless there is an Asset Movement for a Change of Method, in which case the new method is used from the date of the Change of Method. The Depreciation Method cannot be changed if it would affect a finalised period. The Depreciation Method and Percentage default to those on the Asset Class, but can be overridden. The Residual Value is the value down to which you wish to depreciate the asset. It defaults to 0 if the Depreciation Method is Straight Line, or 1 if the Depreciation Method is Reducing Balance.
  • History The History shows all Asset Movements entered on the asset, whether in the current period or in a past or future period. Click on the Movement Type to drill into the Asset Movement.


  • If the Depreciation Method is set to Reducing Balance the Residual Value cannot be less than £1. Otherwise it could take an extremely long time to depreciate to the Residual Value.


The options are:

  • Export Export the Asset to Excel, from where it can be printed if required.
  • Delete Asset An Asset can only be deleted if it has no movements in any period.
  • New Asset Movement Creates a new asset movement.




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